RE: Stan Weinstein's Stage Analysis
(2013-12-07, 12:14 PM)Lplate Wrote:Quote:. . . as 2/3 of stocks are bullish but 1/3 are in their own bear markets. Within a few months others are expected to join them as bearish
The problem is that the more you anticipate this, the quicker it comes, and then before you know it . . .
It suggests scaling back and leaving only a very little bit in the market, and not so much that you could get badly caught.
I think what I took out of it was that you need to really focus on the quality of the stock selections at the moment, and do trimming in your portfolio of any laggards. But that his proprietary Stages Surveys were showing the same as the Moving Average Breadth charts that I show on here, that two thirds of stocks are currently bullish still, but that that has been weakening a bit over the last few months, and hence we need to be more alert.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.